Prime Commercial / Mixed Use Development Opportunity in Miramar Beach, FL. This High & Dry 6.15 acres sits along Highway 98 with a traffic count over 50,000 cars per day (FDOT 2021). This property can be purchased as a whole or subdivided into outparcels. The seller is willing to entertain a Sale, Ground Lease or Build to Suit. This parcel has 125,000 SF Mixed Use density entitled within this PUD. Frontage Outparcels ~ $32/SF (Lots 1 {1.5 acre} Lot 2 {1.7 acre}; Rear Parcel ~ $24/SF (2.8 acres) Offsite Retention creating more buildable square footage.
Directions
Property is located along the southside of Highway 98 at the county line between Okaloosa / Walton County. Also, across the street from Emerald Bay S/D.
MLS Area Major
15 - Miramar/Sandestin Resort
MLS Area Minor
1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort